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Terra's UST collapse ended up affecting innovation in decentralized stablecoins. We need decentralized stablecoins more than ever. I even believe that Ethereum Foundation or…

Ignas / DeFi Research
Published: 2026-11-06 10:48 UTC
Collected: 2026-11-06 13:03 UTC
Original language: Not supplied by source

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Terra's UST collapse ended up affecting innovation in decentralized stablecoins. We need decentralized stablecoins more than ever. I even believe that Ethereum Foundation or adjacent institution sho…

Terra's UST collapse ended up affecting innovation in decentralized stablecoins. We need decentralized stablecoins more than ever. I even believe that Ethereum Foundation or adjacent institution should launch one (or acquire Liquity) Backed by $ETH alone - no other LST or anything. It would help Ethereum to achieve Vitalik's vision for privacy, decentralization and security. Plus pump ETH price.

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